– USA, CT – Altus Power (NYSE: AMPS), the largest commercial-scale provider of clean electric power, announced the appointment of Rich Shapiro to its Board of Directors.
Rich Shapiro will join the Compensation Committee as its Chair.
“Rich’s proven track record in finance, mergers and acquisitions, and unlocking value in companies in various stages, complements the skill set of our current Board of Directors,” said Board Chair, Christine Detrick.
About Richard A. Shapiro
Rich Shapiro brings nearly three decades of investment management experience, as well as restructuring and turnaround experience from the Board level. Since 2021, he has served as the Founder and Chief Investment Officer of Ridge Run Partners, LLC, a family office firm. Previously, Shapiro served as Portfolio Manager at Millennium Management, a multi-billion dollar hedge fund, where he was focused on equity investments, and was a Partner at Wexford Capital, a multi-billion dollar hedge fund.
“I am honored to join Altus Power’s Board of Directors and look forward to working with this exceptional team that is focused on long-term growth and shareholder value,” said Rich Shapiro. “I believe my capital markets background and experience advising high-growth companies will add further perspective to Altus Power’s strategy.”
Shapiro holds an MBA from Georgetown University and a BS in Business Administration from the University of Southern California. Shapiro has served on the board of directors of public companies Elah Holdings, Orion Energy Systems, Inc., where he is also on the compensation committee and CDON AB.
About Altus Power
Altus Power, based in Stamford, Conn., is the largest commercial-scale provider of clean electric power servicing commercial, industrial, public sector, and Community Solar customers with end-to-end solutions. Altus Power originates, develops, owns, and operates locally-sited solar generation, energy storage, and charging infrastructure across the nation.
For more: https://www.altuspower.com/
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